Chamath Palihapitiya Calls Venture Capital a Ponzi-Like Scheme
MAK - Mudassir Akber Khan · Interview · 13 min · 2019 · YouTube title: Venture Capital - Silicon Valley Ponzi Scheme - Chamath Palihapitiya
Why it's here
Cited in threads about startups, VC and private equity as an insider's description of how VC economics work, though commenters note he is self-serving.
What it covers
A 13-minute clip from This Week in Startups in which Chamath Palihapitiya describes venture capital as a Ponzi-like scheme driven by fees and inflated valuations among VCs.